Tinubu Reaffirms Nigeria’s Growth Trajectory, Pledges Continued Fight Against Terrorism
By Tarakirivoice News
Abuja– President Bola Ahmed Tinubu, on Thursday in Abuja, stated that Nigeria remains on a steady growth path, highlighting the promise of stability and prosperity as economic reforms continue to yield results and gain both national and international recognition.
The President made the remarks during the Federal Executive Council (FEC) meeting following the swearing-in of two new ministers: Dr. Bernard Mohammed Doro, appointed Minister of Humanitarian Affairs and Poverty Reduction, and Dr. Kingsley Tochukwu Udeh (SAN), who now oversees the Ministry of Innovation, Science and Technology.
Speaking on the economy and Nigeria’s diplomatic relations, particularly with the United States, President Tinubu assured that the Federal Government remains actively engaged with global partners.
> “The most important thing is that despite political headwinds and the fears of our people, we will continue to engage with partners. The success of the $2.3 billion Eurobond, oversubscribed by 400%, is the most assuring. The task ahead is immense, but we remain committed to moving forward with unity and purpose, guided by the Renewed Hope Agenda to build a prosperous, inclusive, and resilient Nigeria,” he said.
On national security, Tinubu, as Commander-in-Chief of the Armed Forces, urged Nigerians not to succumb to despair, promising that all forms of terrorism would be defeated. He called on ministers and officials to maintain consistent communication and avoid discordant messaging.
> “Do we have problems? Yes. Are we challenged by terrorism? Yes. But we will defeat terrorism. Nigeria is one happy family, and we shall spare no effort until we eliminate all criminals from our society,” the President asserted.
During the cabinet meeting, Finance Minister and Coordinating Minister of the Economy, Wale Edun, briefed the Council on the nation’s economic performance, noting strong macroeconomic indicators.
> “Nigeria’s GDP grew by 4.23% in Q2 2025—the highest in a decade outside the COVID rebound. Thirteen sectors recorded growth above 7%, up from nine sectors previously. The industrial sector nearly doubled its growth from 3.72% to 7.45%, while inflation eased to 18.02% in September. Foreign exchange reserves topped $43 billion, and our trade surplus reached N7.4 trillion,” Edun reported.@The minister stressed that these achievements reflect the government’s ongoing reforms under the Renewed Hope Agenda, aimed at creating jobs, attracting investment, and lifting millions out of poverty. He highlighted Nigeria’s removal from the Financial Action Task Force (FATF) Grey List and the international commendation received during the recent World Bank/IMF meetings as milestones strengthening financial integrity and investor confidence.
Edun also pointed to yesterday’s successful $2.35 billion Eurobond issuance, with orders exceeding $13 billion, as evidence of sustained global investor trust. He urged ministers overseeing sectors such as infrastructure, mining, education, health, agriculture, the blue economy, digital innovation, arts, and culture to collaborate with sub-national governments to attract investment and drive inclusive growth.
> “Every Naira must be optimized to sustain momentum amid global liquidity constraints. The next phase of reforms will remove barriers holding back investors, including reviewing tariffs and import restrictions to stimulate productivity and investment,” Edun added.
President Tinubu concluded by reaffirming his administration’s commitment to defeating terrorism, consolidating economic gains, and building a prosperous, inclusive, and resilient Nigeria.
Bayo OnanugaSpecial Adviser to the President (Information & Strategy)
